Elong Power Holding Ltd.

Elong Power Holding Limited completed a 45-for-1 share consolidation, effective August 10, 2026, to maintain compliance with Nasdaq's minimum bid price requirement. This action reduced the number of outstanding Class A ordinary shares from approximately 35 million to 0.78 million and Class B ordinary shares from 114,515 to 2,545, while increasing the par value per share. The company's warrants were also proportionately adjusted, with the exercise price now set at $4.38 per share and the number of warrant shares adjusted to approximately 2.9 million.

Elong Power Holding Limited completed a registered offering, raising approximately $1.38 million in gross proceeds by issuing 11,466,666 units at $0.12 per unit. Each unit includes one Class A ordinary share and one common warrant, exercisable at $0.12 for three years. The offering triggered downward adjustments to the exercise price of previously issued May and July Common Warrants due to dilutive issuance clauses. The company plans to use the net proceeds for working capital and general corporate purposes.

Elong Power Holding Ltd. filed an F-1 registration statement for a best-efforts offering of up to 40,000,000 Units, each comprising one Class A ordinary share and one Common Warrant, at an assumed price of US$0.25 per Unit. The company is also offering Pre-Funded Units. The offering aims to raise capital for immediate use, with Maxim Group LLC acting as the placement agent. The filing highlights significant risks associated with its Cayman Islands holding company structure and operations in China, including evolving PRC regulatory requirements and potential impacts on its ability to offer securities.

Elong Power Holding Limited filed an Amendment No. 1 to its Report of Foreign Private Issuer on Form 6-K. The purpose of this amendment is to correct the adjusted exercise price of common warrants issued during the company's offering in May 2026. The new adjusted exercise price for each common warrant is US$0.23, which reflects the lowest VWAP during the New Issuance Adjustment Period, rounded to the nearest cent.

Elong Power Holding Limited announced the adjustment of the exercise price for its May Common Warrants. This adjustment was triggered by a subsequent July Offering, which was priced significantly lower than the May Offering. The new exercise price for the May Common Warrants is now US$0.2333 per share, reduced from the initial US$1.30 per share.

Elong Power Holding Ltd. filed an F-1 registration statement detailing its indemnification policies for directors and officers, noting that Cayman Islands law permits broad indemnification with certain exceptions. The filing also highlighted the SEC's position that indemnification for Securities Act liabilities is against public policy and unenforceable. Additionally, the company outlined several undertakings required by the Securities Act, including commitments regarding post-effective amendments to the registration statement.

Elong Power Holding Ltd. filed an F-1 registration statement for a public offering of up to 10,152,285 Units, each comprising one Class A Ordinary Share and one Common Warrant, at an assumed price of US$0.985 per Unit. The company is also offering Pre-Funded Units. The filing highlights significant risks associated with its China-based operations and recent share consolidations (reverse splits) in December 2025 and March 2026. Elong Power does not plan to declare cash dividends in the near term.

Elong Power Holding Limited settled an outstanding debt of $33,000 owed to its CEO, Ms. Xiaodan Liu, by issuing 33,881 Class B ordinary shares to Gracedan Co., Limited, an entity controlled by Ms. Liu. The shares were valued at $0.974 each. Concurrently, the company also sold an additional 66,119 Class B ordinary shares to Gracedan Co., Limited at the same price.

Elong Power Holding Limited announced a change in its Chief Financial Officer. Wei Zou tendered his resignation, effective June 11, 2026, stating no disagreements with the company's operations or policies. Concurrently, Yue Liu was appointed as the new CFO, effective the same day. Ms. Liu brings 27 years of extensive experience in finance, accounting, and corporate management, including prior CFO roles, and will receive an annual compensation of RMB420,000.

Elong Power Holding Limited announced the closing of its registered public offering, raising approximately $6.0 million in gross proceeds. The company issued an aggregate of 4,615,500 units, each consisting of one Class A ordinary share (or pre-funded warrant) and one common warrant, at an offering price of $1.30 per unit. The net proceeds are intended for working capital requirements, general corporate purposes, product iteration & development, and production capacity expansion.